My first business meeting in a country where English was not the native tongue was in Germany. To make functioning of economy more transparent and minimize risk, financial reporting principles have been laid down by authorities like The Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB). The world is becoming smaller day-by-day and therefore, managers involved in the international businesses will have to become more sensitive to the challenges emanating from the cultural and ethnic landscape of the countries they work in.
The Export-Import Bank and the Small Business Administration unite to help in the financing of U.S. goods and services exports to the international market, enabling companies to turn international leads into solid sales. During recession, countries suffer local pressure to change laws governing International trade to protect the local industries.
Business in an International Perspective is an exploration of an area that is highly topical within the practice of management and scholarly research. Job prospects include careers as international trade specialists, international accountants, import compliance specialists, foreign sales representatives or international management consultants.
The international Executive Master’s programme of Finance and Control (iEMFC) is for working professionals who have a master’s-level background in finance, accounting or information management. Inaccurate biases – For example, “Japanese people make decisions in the group” or “Indians do not deliver on time”, are too generalized versions of cultural prejudices.
Countries are rich when they effectively use both knowledge and entrepreneurship in the most efficient way to produce goods and services. After gaining the certification, I joined XYZ Inc., a company associated with the financial software designs, at the post of Interim Business Analyst.